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Technology Stocks : Cymer (CYMI)

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To: Ritz who wrote (20728)1/28/1999 9:22:00 AM
From: TechHunter  Read Replies (1) of 25960
 
Does this make any sense......?

From 10k Report of March 25 1998.
Cymer had 30,267,000 shares outstanding (as of Dec 31st 1997).

If you take yesterdays closing price $25.375 divided by yesterdays market capitalization $688,300,000.
You would equate total # shares as 27,125,123
Based on stock repurchase program that would mean that
3,141,877 Shares have been repurchased since announcement.
If repurchase plan (hypothetically) is complete that would average $15.91 per share which is entirely feasible.

Any thoughts,

Criag
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